The Hachijuni Bank, Ltd., First Half Ordinary Profit Revised Upward by 29%

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Thu Oct 31, 2024 3:30 pm JST Revision

8359 The Hachijuni Bank, Ltd. 【J-GAAP】

Guidance Update Report

The Hachijuni Bank, Ltd. <8359> [TSE-P] announced a performance revision after the market closed on October 31st (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) has been revised upward by 29.3%, from the previous forecast of 20.5 billion yen to 26.5 billion yen (compared to 17 billion yen in the same period of the previous year), increasing the growth rate from 20.1% to 55.2%.

Furthermore, the full-year ordinary profit forecast remains unchanged from the estimate of 45 billion yen(compared to 35.2 billion yen in the previous period).

Kabutan News

Guidance Update

First Half Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Apr - Sep, 2024 Prev	ー	ー	20,500	14,000	29.3	13	May 10, 2024	J-GAAP
Apr - Sep, 2024 New	ー	ー	26,500	19,500	40.9	13	Oct 31, 2024	J-GAAP
Revision Rate	－	－	+29.3%	+39.3%	+39.6%

Current Period Guidance

H1 Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Apr - Sep, 2023	102,725	ー	17,076	26,485	54.5	10	Nov 10, 2023	J-GAAP
Apr - Sep, 2024 Guidance	ー	ー	26,500	19,500	40.9	13	Oct 31, 2024	J-GAAP
YoY	－	－	+55.2%	-26.4%	-24.9%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	198,009	ー	34,893	24,135	49.9	20	Apr 28, 2023	J-GAAP
Mar, 2024	212,201	ー	35,217	37,071	76.4	24	May 10, 2024	J-GAAP
Mar, 2025 Guidance	ー	ー	45,000	31,000	67.2	26	May 10, 2024	J-GAAP
YoY	－	－	+27.8%	-16.4%	-12.0%